For the First Time, Vegetation Risk to the Entire US Electrical Transmission Grid Has Been Analyzed With Satellite Data; LiveEO Publishes Results for Free Online
Summary
BERLIN & NEW YORK--(BUSINESS WIRE)--For the first time in history, vegetation encroachment risk to the entire publicly available U.S. transmission grid has been analyzed from space by the Berlin-based startup LiveEO. Proven by studies vegetation is one of the main challenges for utilities globally, causing up to 56% of externally triggered power interruptions. "Additionally, these insights can be made actionable directly via our tool set of mobile and web apps, and API integrations to improve workforce efficiency in the field and to realize OPEX saving" adds LiveEOs other Co-Founder Sven Przywarra. LiveEO offers a sample analysis using commercial satellite data of their network free of charge for utility customers. Currently, LiveEO’s product helps different customers in more than ten countries- among them, Australia, the United States, and various European countries- to monitor their assets and decrease operational expenses.